Fortune Brands Home & Security (FBHS) Tops Q1 EPS by 14c; Suspend Guidance
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Fortune Brands Reports Strong Sales and EPS Growth in Q1 2020; Enhances Liquidity and Balance Sheet and Suspends Financial Guidance
April 30, 2020 4:05 PM EDTHighlights from continuing operations:
Q1 2020 sales increased 6 percent year-over-year to $1.4 billion Q1 2020 EPS of $0.77, an increase of 28 percent; EPS before charges / gains increased 29 percent to $0.81 Company increases liquidity and strengthens balance sheet Rigorous expense and cash management actions in place and will evolve with demandDEERFIELD, Ill.--(BUSINESS WIRE)-- Fortune Brands Home & Security, Inc. (NYSE: FBHS, the Company, or Fortune Brands), an industry-leading home and security products company, today announced first quarter 2020 results.
Despite strong sales and profit growth in the first... More
